Generators, Fuel To Gulp N168m In Power Ministry As the Federal Ministry of Power, Works and Housing strives to improve the country’s power supply, it is also making budgetary proposals for the purchase, maintenance and fuelling of generators at its headquarters and various agencies. An analysis...

There'll Be Adequate Fuel During Yuletide, NNPC Reassures Nigerians   The Nigerian National Petroleum Corporation (NNPC) has again assured the Nigerian public that the ugly experience witnessed last year, during the Christmas and New Year festivities due to scarcity of petroleum products will not happen again...

Fuel Loading Threatened As PEF Withdraws Staff From Debtor Depots Loading and distribution of petroleum products may suffer hitches in the days to come as the Petroleum Equalization Fund (Management) Board (PEFMB) will today withdraw its staff from outlets belonging to members of the Depot...

Fuel: Govs Seek To Take Over Subsidy Payments   The governors of the 36 states of the federation are canvassing a novel initiative that will see each state taking responsibility for subsidising petroleum products consumed within its territory. Arising from their discontent over the claim by the...

NNPC: Nigeria Now World’s Largest Fuel Importer   Nigeria is the only member country in the Organisation of Petroleum Exporting Countries (OPEC) that imports petrol and is currently the largest importer of Premium Motor Spirit (PMS) in the world, Group Managing Director of the Nigerian National...

NNPC Imports $5.8bn Worth of Petrol to Tackle Fuel Crisis The Nigerian National Petroleum Corporation (NNPC) says it has imported 9.8 million metric tons of Premium Motor Spirit (PMS) worth $5.8 billion to combat the fuel crisis that resurfaced since late last year. This was disclosed...